Direxion Daily Gold Miners Index Bull 2X Shares (NYSE: GOLD) closed 2.85% higher on Friday, in tandem with the price of spot gold, which has surged about 5% since Jan. 6.
The Direxion Daily Gold Miners Index Bull 2X Shares (NYSE: NUGT) was trading down Thursday, in tandem with spot gold, which was declining about 1.5% to trade near the $1,785 mark.
ETF fund manager Cathie Wood is known for investing in growth stocks and what she has labeled as “innovation.” A take by the fund manager drew criticism from a hedge fund manager.
In late 2021, many might have thought a bearish idea from Matthew Tuttle was crazy. The ETF investment manager and CEO of Tuttle Capital Management launched an ETF that bet against the stock picks of Cathie Wood and Ark Invest. Here’s a look at how that ETF has performed since launching.
Cryptocurrency trading platform Coinbase Global Inc (NASDAQ: COIN) has seen its share price crater with the volatility of the sector. Investors are increasingly betting against the company as one of the most recognizable investors continues to load up shares.
Cathie Wood-led ARK Investment Management continued to buy Tesla Inc (NASDAQ: TSLA) shares on Thursday with the funds purchasing over 6,000 shares of the EV maker at an estimated valuation of over $1 million.